b hendricks

Recent Activity

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  b commented on the article | over 2 years ago

  Bank of America Accused of Latin@ Exploitation

  That Tom was one smart dude!  Of course, the founders had just had the experience of issuing paper money (not worth a Continental) which is why the Constitution prohibits issuing bills of credit (fiat currency). 

  
  

  It's interesting that it was the bankers that wrote and lobbied for the Federal Reserve Act.

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  b commented on the article | over 2 years ago

  Bank of America Accused of Latin@ Exploitation

  Bank of America is just the tip of the iceberg.  The real root of the problem is the Federal Reserve System, which sets the rules for the banks.  The Federal Reserve is NOT a govenment agency; it is a private organization OWNED BY ITS MEMBER BANKS.  It sets its own rules and determines its own accounting policies.  Many of its actions are SECRET. 

  
  

  We need to support President Obama's call for transparency by calling or emailing our congressmen/senators and asking for their support of HR1207 and S604, the house and senate bills to Audit the Federal Reserve.  We need to understand what this private, for profit organization is doing to and with our money.

  
  

  We cannot help the poor (or ourselves) until we know what is happening at the Fed and how our money is created.